£100,000
1 bed flat for saleVilla Road, Luton, Bedfordshire LU2
1 bed
1 bath
1 reception
- Chain free
- Leasehold
Penrose Estate Agents
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About this property
Chain Free
Studio Apartment
In Need Of Modernisation
Opposite Luton Train Station
Fantastic For Commuting
Residents Parking
Great Buy To Let/Investment
Situated Off The Popular Old Bedford Road
Villa Road, Luton
Discover an exceptional opportunity to acquire a chain-free studio apartment ideally situated on Villa Road in Luton. This property presents a fantastic prospect for first-time buyers, commuters, or savvy investors looking to capitalise on a prime location.
Boasting a highly sought-after position directly opposite Luton Train Station, this studio apartment offers unparalleled convenience for those commuting into London or other major hubs. The ease of access to mainline rail services makes this an incredibly attractive proposition for professionals seeking a swift journey to the capital. Furthermore, the property is conveniently located just off the popular Old Bedford Road, providing access to local amenities, shops, and services within easy reach.
Currently in need of modernisation, this studio apartment offers a blank canvas for the discerning buyer to create a bespoke living space tailored to their exact tastes and requirements. This presents a unique chance to add significant value and personalise the property, transforming it into a contemporary and comfortable home. The layout currently comprises a main living/sleeping area, a separate kitchen space, and a bathroom, all awaiting a modern touch.
Beyond its superb transport links, the property benefits from residents' parking, a valuable asset in this bustling urban environment. This added convenience enhances the appeal for both owner-occupiers and potential tenants, ensuring practical living in a well-connected area.
For investors, this studio apartment represents a compelling 'buy-to-let' opportunity. Its strategic location, coupled with the potential for modernisation and subsequent rental yield, makes it a sound investment choice in a consistently popular rental market. The demand for well-located, affordable accommodation in Luton remains strong, ensuring a steady stream of prospective tenants. Luton itself offers a vibrant array of amenities, including shopping centres, restaurants, leisure facilities, and green spaces, all contributing to a dynamic urban lifestyle. The town's ongoing regeneration projects further enhance its appeal as a place to live and invest.
This property is offered with no onward chain, simplifying the purchasing process and allowing for a potentially quicker completion. Viewings are highly recommended to fully appreciate the potential and prime location this studio apartment offers.
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More information
Tenure
Leasehold (88 years)
Service charge
£2,760 per year
Council tax band
A
Ground rent
£20
Ground rent date of next review